SEC Form 4 · accession 0001140361-17-035783
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey P Cohen
Director
Period of report
Sep 14, 2017
Accepted (ET)
Sep 18, 2017 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001332551
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| 8.25% Series B Cumulative Redeemable Preferred StockF1 | Sep 14, 2017 | P$0 | 4,000 | — | A | 5,000 | D | |
| 8.625% Series C Cumulative Redeemable Preferred Stock | Sep 14, 2017 | P | 1,000 | $25.80 | A | 1,000 | D | |
| 8.625% Series C Cumulative Redeemable Preferred StockF2 | Sep 14, 2017 | P$0 | 1,000 | — | A | 1,000 | I | By Spouse IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 14, 2017, the reporting person purchased, in multiple transactions, a total of 4,000 shares of 8.25% Series B Cumulative Redeemable Preferred Stock of Resource Capital Corp. ("RSO") at prices ranging from $24.55 to $24.65.
- F2On September 14, 2017, the reporting person's spouse purchased, in her IRA in multiple transactions, a total of 1,000 shares of 8.625% Series C Cumulative Redeemable Preferred Stock of RSO at prices ranging from $25.73 to $25.80.